Functional Planning Typically Includes ________

question 4

Multiple Choice

Functional planning typically includes ________.

• A)a broad five-year plan supporting the company's strategic plan
• B)detailed annual plan for the marketing department
• C)specific metrics to monitor performance
• D)A,B and C
• E)A and B

---

Definitions:

Entrepreneur

An individual who creates, launches, and manages a new business, typically taking on significant financial risk.

Controlling

In management, it involves monitoring performance, comparing it with goals, and taking corrective action as needed.

Entrepreneurial Idea

An innovative concept or solution that can be transformed into a viable business opportunity.

Implementation Stage

The phase in a project or strategy when the planned actions are executed or put into operation.